NOT LISTED FOR SALE

Estimated Value: $518,000 - $665,776

5 Beds
3 Baths
1,960 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $550,000 $281 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,015/month

28 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to 45Th Street
  • Baseboard Heating
  • Cooling Available

About This Home

As of December 2024

Fair market value rent makes this home a 9% cap rate. This well-maintained multi-family property is an excellent opportunity for investors. The property comprises 2 units, collectively offering a total offer bedrooms and three full baths. Unit 1 and Unit 2 each feature 2 bedrooms and 1 full bath, providing ample living space and comfort, complemented by additional storage, making it ideal for a smaller household or individual occupant. The property also includes a finished basement, adding valuable space for recreation, storage, or potential additional living quarters. The entire lot is fenced, ensuring privacy and security for all residents. On-street parking is readily available, adding to the convenience for both residents and guests. This versatile and well-kept property is sure to meet a variety of housing needs.

Last Agent to Sell the Property

Amanda Cruz

EXP Realty Listed on: 08/01/2024

EXP Realty

Co-Listed By

Miles Infate

EXP Realty License #2331022

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,482

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 01-00403-0000-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,482

Year Built

Built in 1920

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 3318
  • Co List Office Phone: 866-201-6210
  • Subdivision Name: None
  • Reso Flooring: Wood, See Remarks, Ceramic Tile
  • Year Built: 1920
  • Contract Info List PriceSqFt: 255.1
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement Finished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.06
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 01-00403-0000-00010
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9482.0
  • Tax Other Annual Assessment Amount: 353400.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Nov 22, 2024
Sold by
Diaz Lillian and Perez Manuel
Bought by
662 Ave E Llc
Seller's Agent
Amanda Cruz
EXP Realty
Buyer's Agent
NON MEMBER MORR
NON MEMBER
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Views
55
Current Estimated Value
$597,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,444
Avg. Annual Appreciation
6.62%
Original Mortgage
$412,500
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2016
Sold by
Diaz Richard and Diaz Lillian
Bought by
Diaz Lillian

Purchase Details

Closed on
Mar 1, 1999
Sold by
Dorgan Patricia
Bought by
Diaz Richard and Diaz Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
662 Ave E Llc $550,000 Mega Title
662 Ave E Llc $550,000 Mega Title
Diaz Lillian -- None Available
Diaz Richard $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 662 Ave E Llc $412,500
Previous Owner Diaz Richard $135,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $550,000 +10.0% $281 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $500,000 -- $255 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,881 $353,400 $162,900 $190,500
2024 $9,482 $353,400 $162,900 $190,500
2023 $9,482 $353,400 $162,900 $190,500
2022 $9,305 $353,400 $162,900 $190,500
2021 $9,231 $353,400 $162,900 $190,500
2020 $9,068 $353,400 $162,900 $190,500
2019 $8,975 $104,000 $55,000 $49,000
2018 $8,796 $104,000 $55,000 $49,000
2017 $8,569 $104,000 $55,000 $49,000
2016 $8,252 $104,000 $55,000 $49,000
2015 $9,677 $126,100 $55,000 $71,100
2014 $9,388 $126,100 $55,000 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22422125

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00403-0000-00010

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